Auction House Of The Year 2016! · 2017-11-28 · 3 Chapel Avenue Liverpool L9 2BY £125,000 3...

North West Auction | Wednesday 6th December 2017 | Registration 1:00 pm | FY1 6JJ

In this issue...A word from the auctioneer I Success stories I Feature properties

Auction House Of The Year 2016!

Lot 10 - Former Lytham Police Station & Court House, Bannister Street, Lytham, FY8 5HP

Starting Bid £1,000,000

North West Auction . Blackpool FC . Bloomfield Road . Seasiders Way . Blackpool . FY1 6JJ

To see how we can help you buy, sell and move call our property specialists on 0191 206 9335 or visit www.pattinsonauctions.co.uk Let’s talk property

2 | Pattinson Auction

North West AuctionWednesday 6th December 2017

Justin BeckwithAuction Director

JustinBeckw

ith

A word from our Auction Director Justin... It is the advent of the Christmas season and you could change your festive fortune at the North West auction on Wednesday December 6th at Bloomfield Road, Blackpool.

To find out more, book a viewing or to take a look at all the incredible properties we have available, visit pattinsonauction.co.uk

There will be a property for you among our lots this month. With a starting bid of £55,000, you can move straight in and deck the halls of a three bedroom terraced property in Wigan that has recently been refurbished. If you’re looking for more of a project for investment we’ve got you covered too. We have an unmissable opportunity in Blackburn in the form of a two bedroom terrace with a starting bid of £35,000 waiting for you to put your stamp on in the New Year.

With over 25 years of experience it is no surprise that we have great success in the auction house and last month was no exception. Despite a starting bid of only £30,000, the three bedroom semi-detached property in Liverpool sold for £40,000. That’s an extra 25% over the starting bid!

If that wasn’t enough, at the other end of the scale, Pattinson Auction presented a former 33 bedroom licensed hotel to the market with a starting bid of £100,000. This amazing development opportunity was finally snapped up for a whopping £136,000.

Our successes speak for themselves so why don’t you consider the option of buying or selling at auction? Our experts are just the people to help with any questions or queries you may have so get in touch. Call us on 0191 206 9335 or email [email protected].

Merry Christmas and happy bidding!

We host National Auctions across the UK on a regular basis. Come along to speak with one of our specialists who will help you familiarise yourself with the auction process. We advise everyone to arrive early to give you the opportunity to discuss any lots you’re interest in with a member of the auction team and to have a look at the legal packs available if you’re bidding on an unconditional lot.

Coming along to the auction?

North East

Newcastle Falcons Rugby ClubNE13 8AF

Registration 5pm

North West

Bloomfield Road, BlackpoolFY1 6JJ

Registration 1pm

Midlands & Yorkshire

Nottingham Racecourse

NG2 4BE

Registration 1pm


3Pattinson Auction |

Upcoming Pattinson Auctions

Let’s talk property...

For a comprehensive list of our upcoming National & Online Auctions, or to download a copy of our Auction catalogues please visit:

pattinsonauction.co.uk

North West Auction | Wednesday 6th December 2017 | Registration 1:00 pm | FY1 6JJ

In this issue...A word from the auctioneer I Success stories I Feature properties

Auction House Of The Year 2016!Lot 10 - Former Lytham Police Station & Court House, Bannister Street, Lytham, FY8 5HP


North West Auction . Blackpool FC . Bloomfield Road . Seasiders Way . Blackpool . FY1 6JJ




Definition of Auction TermsWe’ve outlined the key terms of each auction lot so you know exactly what

you’re bidding on. For more information speak to one of our auction specialists

at the auction event or call us on 0191 206 9335.

Reservation fee denotes a different set of charges to the regular auction lots. Reservation fee lots will be either Unconditional or Conditional the reservation fee does not contribute toward the purchase price. Please read the differences between these auction formats carefully above so you understand the associated costs of each one and the requirements of each auction. If you have any questions please don’t hesitate to ask a member of staff on the day.

Unconditional LotsConditional Lots

Unconditional Lots - Reservation Fee

Conditional Lots -Reservation Fee

Upon the fall of the gavel the buyer shall...Upon the fall of the gavel the buyer shall...

Upon the fall of the gavel the buyer shall...Upon the fall of the gavel the buyer shall...

• Exchange of contracts on the fall of the hammer. Special conditions may apply

• The sale must complete within 28 days

• A 10% deposit must be paid subject to a minimum of £3,600

• Pay an administration fee of £780 (inc VAT)

• Exchange contracts within 28 days

• Complete the purchase within an additional 28 days of the exchange

• A non-refundable £3,600 deposit

• Pay an administration fee of £780

(inc VAT)

• Exchange contracts immediately.

• Pay a 5% Deposit and a 5% Reservation Fee. (to a minimum of £5,000 plus VAT)

• Be legally bound to buy the property / lot and the vendor is legally bound to sell.

• The sale must complete within 28 days.

• Pay a non-refundable 5% plus VAT Reservation Fee. (to a minimum of £5,000 plus VAT)

• Exchange contracts within 28 days.

• Complete the purchase within an additional 28 days of the exchange.

*



Unsure of Auctions? What is the difference between a start bid and a reserve price?A starting bid is simply the price the bidding begins at. The reserve price is the undisclosed amount the seller would accept for the property. The reserve ensures the property cannot be sold for less than the seller is prepared to accept. The reserve and starting bid are subject to change. The starting bid may be a price that the property cannot be sold for.

What is the difference between a conditional and unconditional auction?An unconditional auction is what most people understand an auction to be i.e. the property is sold on the fall of a hammer. A Pattinson Auction innovation is the conditional auction which gives both parties 28 days (unless otherwise agreed) to exchange contracts on the property following the fall of the hammer, providing sellers and buyers with a fixed time scale for the sale.

What payment methods do you accept?We accept debit or credit cards and BACS transfer (3% surcharge on credit cards). We do NOT accept cheque payments. Alternatively cleared funds may be banked with Keith Pattinson prior to the auction which would be refunded the day after the auction if unsuccessful.

Come along to our auction

In Person

If you can’t attend the auction we can bid on your behalf

Proxy Bid

We can telephone you from the auction room and bid on your behalf

Phone

Bid on a property on our website

Online

How to bid


North West Online Auction

This is a selection of our properties which are offered for sale on our online auction. If you want further information or to arrange a viewing on any of these properties then please contact the North West auction team today:

0191 425 [email protected]

1 Fell View Seaton Workington Cumbria CA14 1LN £200,000 10 Darlington Street Tyldesley Manchester M29 8DH £60,000 10 Marnwood Walk Liverpool L32 5TS £30,000 106 Waterside Bootle L30 0RB £70,000 113 Fishwick Parade Preston PR1 4QD £95,000 114 Methuen Street Liverpool L15 1EQ £60,000 139 Selborne Street Blackburn BB2 2SW £75,000 14 St. Marks Place Blackburn BB2 6TA £75,000 152 Queens Drive West Derby Liverpool L13 0AL £120,000 18 Exchange Street Blackpool FY1 2DU £60,000 181 Poulton Road Fleetwood Fleetwood FY7 7AW £60,000 20 Wellington Street Preston PR1 8TP £70,000 209 Hale Drive Liverpool L24 2TF £70,000 21 Hazelhurst Road Ashton-under-Lyne OL6 9AZ £50,000 23 Angela Street Blackburn BB2 4DJ £35,000 3 Chapel Avenue Liverpool L9 2BY £125,000 3 Grant Road Blackburn Blackburn BB2 2SY £60,000 30 Acorn Mews Blackpool FY4 4FD £50,000 31 Nimrod Street Liverpool L4 4DU £35,000 314 City Quay Liverpool Liverpool L3 4FE £115,000 4 Mercer Court Great Altcar Liverpool L31 4LF £635,000

4 Seymour Street Fleetwood FY7 7AG £60,000 40 Halsbury Road Liverpool L6 6DQ £150,000 40 Morecambe Road Lancaster LA1 5JA £115,000 430 Lower Broughton Road Salford M7 2EW £380,000 46 Oxford Road Huyton Liverpool L36 1XQ £38,000 47 River View Tarleton Preston PR4 6ED £200,000 59 Aspen Drive Burnley BB10 3FB £135,000 64 Stockydale Road Marton Blackpool FY4 5HR £570,000 69 Orchard Street Great Harwood Blackburn BB6 7EE £47,000 7 Charnwood Street St. Helens WA9 2DJ £35,000 8 Hereford Road Seaforth Liverpool L21 1EQ £95,000 93 Spring Street Rishton Blackburn BB1 4LP £40,000 97C Beach Road Thornton Cleveleys FY5 1EW £30,000 Apt 10, The Steel 137a Upper Hill Street Liverpool L8 8EN £50,000 Apt 16 The Steel Upper Hill Street Liverpool L8 8EN £55,000 Apt 9, The Steel 137a Upper Hill Street Liverpool L8 8EN £50,000 Apt LG1 37 Park Road Toxteth Liverpool L8 6RF £70,000 Apt LG5 37 Park Road Toxteth Liverpool L8 6RF £60,000 Apt UG3 37 Park Road Toxteth Liverpool L8 6RF £75,000 Flat 3, 111 St. Albans Road Lytham St. Annes FY8 1UZ £38,000 Flat 3, 49 St. Andrews Road South Lytham St. Annes FY8 1PZ £62,000

Address | Starting Bid Address | Starting Bid


7


Pattinson Auction |

Arundel Street, Newtown, Wigan, WN5 9BQ

• End Terraced House• Three Bedrooms• Recently Modernised Throughout• Ideal For First Time Buyers• Detached Garage

Borron Shaw 01942 243 168

Feature Property

Starting Bid £55,000

Lot22

To see how we can help you buy, sell and move call our property specialists today on 0191 425 1512 or email [email protected]




Company No: 09563637

Web: www.ruttergreen.co.uk

Office: 01942 367915

Sales Lettings Management Energy Saving Consultants

0191 425 1512 [email protected]

Interested in becoming part of the award winning team?

Contact our auction specialists today and discuss how we can make auction work for you...

ImanaE s t a t e s & L e t t i n g A g e n t s




North West Auction6th December 20171pm Registration - 1:30pm Start

Blackpool FCBloomfield RoadSeasiders Way

BlackpoolFY1 6JJ

To see how we can help you buy, sell and move call our property specialists on 0191 206 9335 or visit www.pattinsonauctions.co.uk Let’s talk propertyTo see how we can help you buy, sell and move call our property specialists on 0191 206 9335 or visit www.pattinsonauctions.co.uk Let’s talk property



Lot | Address | Starting Bid Lot | Address | Starting Bid

North West Auction Index

25 Adelaide Street, Fleetwood, Lancashire, FY7 6AB £75,000

31 Aldwark Road, Liverpool, Merseyside, L14 0NF £65,000

54 Almeys Lane, Earl Shilton, Leicester LE9 7AJ £75,000

22 Arundel Street, Newtown, Wigan, Greater Manchester, WN5 9BQ £55,000

11 Aspen Close, Kirkby, Liverpool, Merseyside, L33 4DX £74,000

49 Barlow Lane, Liverpool, Merseyside, L4 3QR £130,000

8 Basil Street, Preston PR1 6XT £90,000

60 Beaufort Way, Worksop, S81 7NF £140,000

43 Bolton Road, Blackburn, Lancashire, BB2 4HY £100,000

34 Broadgate, Preston, PR1 8DX £90,000

42 Burgh Road, Skegness, Lincolnshire, PE25 2RW £135,000

56 Buxton Road, Whaley Bridge, SK23 7JF £145,000

57 Cadeleigh Close, Bransholme, HU7 4DA £30,000

65 Carlton Street, Mansfield, NG18 2BG £48,000

30 Caunce Street, Blackpool, Lancashire, FY1 3NE £55,000

40 Chatsworth Avenue, Fleetwood, Lancashire, FY7 8EJ £55,000

7 Church Street, Blackpool, Lancashire, FY1 3NX £55,000

12 Coverdale, Luton, Bedfordshire, LU4 9JR £180,000

35 Dale Street, Blackpool, Lancashire, FY1 5BY £10,000

63 Dean Street, Langley Mill, NG16 4EG £55,000

37 Deane Road, Liverpool, Merseyside, L7 0ET £165,000

44 Delagoa Road, Liverpool, Merseyside, L10 9LS £75,000

32 Derby Street, Blackburn BB1 5HR £60,000

45 Diamond Avenue, Kirkby-in-Ashfield, Nottingham, NG17 7LZ £75,000

61 Diglee Road, Furness Vale, SK23 7PW £215,000

21 Downfield Road, Cheshunt, Waltham Cross, Hertfordshire, EN8 8SS £300,000

6 Dunstable Road, Luton, Bedfordshire, LU4 8JW £80,000

28 Eccles Street, Preston PR1 5EX £55,000

1 Edgeway Road, Blackpool FY4 3NH £65,000

10 Former Lytham Police Station and Courthouse, Bannister Street, FY85HP £1,000,000

33 Gervase Street, Scunthorpe, Lincolnshire, DN15 7QE £60,000

67 Gloster Street, Newport, NP19 7FH £70,000

38 Green Street, Middleton, Manchester, M24 2HT £80,000

74 Hardwick Avenue, Newark, NG24 4AW £100,000

70 Hays Lane, Hinckley, LE10 0LA £110,000

24 Heathcote Road, Twickenham, London, TW1 1RX £710,000

26 Heatherdene Rosemary Lane, Bartle, Preston PR4 0HB £220,000

19 Hornby Road, Blackpool FY1 4QJ £100,000

58 Hurst Lea Road, New Mills, SK22 3HP £110,000

71 Irby Street, Boston, PE21 8SA £60,000

73 Louth Road, Holton-le-Clay, DN36 5AE £125,000

52 Lytham Road, Blackpool FY1 6EX £230,000

68 Main Ridge West, Boston, PE21 6QQ £99,000

66 Main Street, Newthorpe, NG16 2ET £140,000

15 Malvern Road, London, N17 9HH £470,000

55 Manor Road, Blackburn BB2 6LU £130,000

17 Marlton Road, Blackburn BB2 3LX £50,000

47 Merchant Street, Bulwell, Nottingham, Nottinghamshire, NG6 8GU £65,000

5 North Albert Street, Fleetwood, FY7 6BJ £84,950

36 Northumberland Avenue, Nuneaton, Warwickshire, CV10 8EJ £70,000

9 Ordsall Lane, Salford, Greater Manchester, M5 3WJ £105,000

16 Ordsall Lane, Salford, Greater Manchester, M5 3WJ £105,000

50 Oyston Mill, West Strand, Preston, Lancashire, PR1 8UR £2,400,000

48 Pictor Grove, Buxton, Derbyshire, SK17 7TQ £90,000

23 Princes Way, Fleetwood, FY7 8AE £300,000

59 Queen Street, Tideswell, SK17 8JT £165,000

3 Queen Victoria Street, Blackburn, BB2 2QZ £35,000

20 Queens Promenade, Blackpool FY2 9JN £220,000

69 Rosy Cross, Tamworth, B79 7JR £90,000

72 Rutland Street, Leicester, LE1 1SS £65,000

39 Salisbury Street, Long Eaton, Nottingham, NG10 1BA £80,000

18 Sand Drift Bush Estate, Eccles on Sea, Norwich, Norfolk, NR12 0SF £110,000

64 Shelton Avenue, Newark, NG24 4NX £80,000

46 Southern Street, Wigan, Greater Manchester, WN5 9JB £50,000

62 Station Road, Ilkeston, DE7 5LE £50,000

27 Staveley Street, Edlington, Doncaster, DN12 1BP £30,000

41 Stephen Street, Blackburn BB2 4DW £50,000

29 The Promenade, Southport, Merseyside, PR8 1QU £200,000

2 The Willows, Pixey Green, Stradbroke, Eye, Suffolk, IP21 5NH £195,000

4 Trafalgar Square, Scarborough, YO12 7PZ £140,000

53 Warley Road, Blackpool, FY1 2LL £115,000

13 Whitegate Drive, Blackpool FY3 9ER £160,000

51 Willmer Road, Anfield, Liverpool, L4 2TA £35,000

14 York Street, Blackpool, Lancashire, FY1 5AQ £60,000

11


Pattinson Auction |


Lot

Lot

Lot

1

Edgeway Road, Blackpool, FY4 3NH

End Terraced Property Three BedroomsOff Street ParkingGarden To The RearGas Central Heating

£65,000

D

Unconditional Reservation Fee

Oystons01253 622225

2

Pixey Green, Stradbroke, IP21 5NH

Detached CottageTwo BedroomsTwo Reception RoomsIn Need Of Renovation

£195,000


Parson 01379 650680

3

Queen Victoria Street, Blackburn, BB2 2QZ

Mid Terraced PropertyTwo BedroomsClose to AmenitiesYard to RearClose to Local School

£35,000

E


Crown Estates01254 695555

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

12


| Pattinson Auction


Lot

Lot

Lot

4

Trafalgar Square, Scarborough, YO12 7PZ

Block Of Five FlatsSelf Contained One Bedroom FlatsClose To Local AmenitiesSuperb ViewsRear YardRental Income £21,000 PA

£140,000


GLS Properties01723 830030

5

North Albert Street, Fleetwood, FY7 6BJ

Two storey corner propertyGround floor A3 caféFirst floor accommodationFreehold titleVery prominent positionAdditional cellar space

£84,950


Willows Estates01253 628000

6

Dunstable Road, Luton, LU4 8JW

MaisonetteOne BedroomIdeal Investment Or First Time BuyOff Street Communal ParkingClose To Local Amenities

£80,000

F


Mint Stead01582750101

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

13


Pattinson Auction |

Lot

Lot

Lot

7

Church Street, Blackpool, FY1 3NX

Three Storey End TerraceGround floor retail4 bedroom accommodation aboveExcellent town centre locationVacant possessionFreehold title

£55,000


8

Basil Street, Preston, PR1 6XT

Semi Detached HouseThree BedroomsSituated In DeepdaleDrivewayGardens to Front & Rear

£90,000

E


Oystons01772 555551

9

Ordsall Lane, Salford, M5 3WJ

Ground Floor ApartmentTwo BedroomsSecure Allocated ParkingElectric HeatingIdeal Investment or First Time Buy

£105,000


Martin & Co - Prestwich0161 773 0949

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

Kenricks Commercial Estate Agents01253 420420

14


| Pattinson Auction


Former Lytham Police Station & Courthouse, Bannister Street, Lytham, FY8 5HP

• Land & Development• 557Sqm Land Site• Substantial Two Storey Property• Currently Obtaining Planning Permission• For Residential Townhouses• Long Leasehold


Lot10


Tel: 01253 420420 Kenricks Commercial

15


Pattinson Auction |

Lot

Lot

Lot

11

Aspen Close, Kirkby, L33 4DX

Modern Semi-Detached HouseTwo BedroomsOff Road ParkingGas Central HeatingDouble GlazingPorch

£74,000

D


Loc80151 526 1455

12

Coverdale, Luton, LU4 9JR

End Terraced Property Two BedroomElectric HeatingFreeholdInvestment Opportunity

£180,000


VA Property Consultants01582 346 203

13

Whitegate Drive, Blackpool, FY3 9ER

Semi Detached HouseFour BedroomsGarageSought After LocationGreat Character Throughout

£160,000


Oystons01253 622225

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

16


| Pattinson Auction


Lot

Lot

Lot

14

York Street, Blackpool, FY1 5AQ

Guest houseNine bedroomsTown centre locationFreehold titleDouble glazing throughoutGas central heating

£60,000


Oystons01253 622225

15

Malvern Road, London, N17 9HH

End Terraced Three BedroomsClose To Tottenham Hale StationIdeal For First Time BuyersOn Street Parking

£470,000


Kings Group02088012696

16

Ordsall Lane, Salford, M5 3WJ

Ground Floor ApartmentTwo BedroomElectric HeatingSecure Allocated ParkingIdeal Investment or First Time Buy

£105,000

E



Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

17


Pattinson Auction |

Lot

Lot

Lot

17

Marlton Road, Blackburn, BB2 3LX

Terraced HouseTwo BedroomsTwo Reception RoomsIdeal First Time BuyClose To Local Amenities

£50,000

D



18

Bush Drive, Eccles on Sea, NR12 0SF

Detached BungalowThree BedroomsIdeal Holiday HomeDriveway and GarageVersatile Accommodation

£110,000

F


Trett Phillips Residential01692 531400

19

Hornby Road, Blackpool, FY1 4QJ

Guest houseEleven bedroomsPrivate owner accommodationBlackpool town centreCar parking facilitiesFreehold title

£100,000



Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

18


| Pattinson Auction


Lot

Lot

Lot

20

Queens Promenade, Blackpool, FY2 9JN

6 self-contained holiday apartmentsPrivate owner accommodationExcellent town centre locationLong established successful businessParking for two vehiclesFreehold title

£220,000


21

Downfield Road, Cheshunt, EN8 8SS

Terraced PropertyThree BedroomClose to Local Shops & AmenitiesApprox 55ft Rear GardenWalking Distance of Cheshunt Mainline Station

£300,000

C


Kings Group01992635735

22

Arundel Street, Newtown, WN5 9BQ

End Terraced HouseThree BedroomsIdeal For First Time BuyersDetached GarageRecently Modernised Throughout

£55,000

D


Borron Shaw01942 243 168

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -


19


Pattinson Auction |

Lot

Lot

Lot

23

Princes Way, Fleetwood, FY7 8AE

Detached PropertyFour BedroomsThree Reception RoomsTwo GaragesSea Front Location

£300,000

F


Oystons01253 866000

24

Heathcote Road, Twickenham, TW1 1RX

Large Split level ApartmentThree BedroomsMany Original FeaturesLarge Private GardenOff Street Parking

£710,000


Chase Buchanan020 8744 2434

25

Adelaide Street, Fleetwood, FY7 6AB

Two storey mid-terraceRetail spaceTown centre locationNIA 4,400sqftDevelopment opportunityLeasehold title

£75,000



Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

20


| Pattinson Auction


Lot

Lot

Lot

26

Rosemary Lane, Bartle, PR4 0HB

Semi Detached HouseThree BedroomsDriveway & GarageSet in Approx 1 AcreLocated In A Semi Rural Location

£220,000

E


Oystons01772 555551

27

Staveley Street, Edlington, DN12 1BP

Mid Terrace HouseThree BedroomsSmall Garden To The FrontYard To The RearDecorated ThroughoutPotential Rental Income £4,740 PA

£30,000


Hayes01302 300027

28

Eccles Street, Preston, PR1 5EX

End Terraced Property Three BedroomsRequires ModernisationClose To Local Amenities Gas Central Heating & Double Glazing

£55,000


Oystons01772 555551

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

21


Pattinson Auction |

Lot

Lot

Lot

29

The Promenade, Southport, PR8 1QU

Terraced HouseGrade II Listed BuildingFreeholdGarage & OuthouseViews of the Marina, Coast & Kings Gardens

£200,000


NWE Estate Agents01704 512166

30

Caunce Street, Blackpool, FY1 3NE

Ground floor A1 unitLast used as barber shopUpper floors accommodationThree bedroomsFreehold titleExcellent town centre location

£55,000



31

Aldwark Road, Liverpool, L14 0NF

Town HouseFitted KitchenThree BedroomsGardens to Front & Rear With Driveway

£65,000

E


Acumen Estates0151 228 4447

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

22


| Pattinson Auction


Lot

Lot

Lot

32

Derby Street, Blackburn, BB1 5HR

Well Presented Semi Detached PropertyTwo Reception RoomsGas Central Heating & Double GlazingExtended to the side and rearDriveway

£60,000



33

Gervase Street, Scunthorpe, DN15 7QE

Semi Detached HouseThree BedroomsOff Road ParkingIn Need Of ModernisingSeparate Reception Rooms

£60,000

F


Mi living01724 298888

34

Broadgate, Preston, PR1 8DX

Townhouse Property Four BedroomsRenovation ProjectYard To The RearCash Buyers OnlyPotential Rental Income £12,000 PA

£90,000


Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

Oystons01772 555551

23


Pattinson Auction |

Lot

Lot

Lot

35

Dale Street, Blackpool, FY1 5BY

Ground floor lock upBasement areaToilet facilitiesTown centre locationSuitable for retail useFreehold title

£10,000



36

Northumberland Avenue, Nuneaton, CV10 8EJ

Ground Floor MasionetteTwo BedroomsGarage & Off Road ParkingIdeal Investment Or First Time BuyClose To Local Amenities Front & Rear Gardens

£70,000


Asmiths 024 76 326 414

37

Deane Road, Liverpool, L7 0ET

Terraced PropertyFour BedroomsFreeholdVacant PossessionSpace For Two Cars

£165,000


Harrison & Co0151 724 4467

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

24


| Pattinson Auction


Lot

Lot

Lot

38

Green Street, Middleton, M24 2HT

Terraced HouseThree BedroomsGas Central HeatingPaved Gardens To The Front And RearTwo Large Reception Rooms And Dining Kitchen

£80,000

E


McGowan Homes0161 655 4113

39

Salisbury Street, Long Eaton, NG10 1BA

Semi-DetachedThree BedroomsThree StoreyTwo Reception RoomsEnclosed CourtyardPotential Rental Income £5,940 PA

£80,000

E


Saint Property Services0115 8800210

40

Chatsworth Avenue, Fleetwood, FY7 8EJ

Two storey mid-terraceGround floor A5 licenceTwo bedroom accommodation aboveRecently renovatedBusy locationFreehold title

£55,000



Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

25


Pattinson Auction |

Lot

Lot

Lot

41

Stephen Street, Blackburn, BB2 4DW

Terraced Property Two Reception RoomsThree BedroomsConvenient Location Fitted Kitchen

£50,000

E



42

Burgh Road, Skegness, PE25 2RW

Detached BungalowThree BedroomsGas Central HeatingDetached Double GarageClose To Local Amenities

£135,000

D


Lovelle01754769769

43

Bolton Road, Blackburn, BB2 4HY

Freehold TitleInvestment OpportunityMixed Use PropertyProminent LocationTotal Rental Income £7,920 pa

£100,000



Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

26


| Pattinson Auction


Lot

Lot

Lot

44

Delagoa Road, Liverpool, L10 9LS

Terrace HouseThree BedroomsPopular Location Detached GarageDriveway Garden

£75,000

D


Loc80151 526 1455

45

Diamond Avenue, Kirkby-in-Ashfield, NG17 7LZ

Semi Detached Three BedroomsIn Need Of ModernisationTenants In SitueClose To Local Amenities Potential Rental Income £7,200 PA

£75,000


Lighthouse01623 753123

46

Southern Street, Wigan, WN5 9JB

End Terraced Two BedroomsRear YardFreeholdIn Need of Cosmetic Improvement

£50,000



Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

27


Pattinson Auction |

Lot

Lot

Lot

47

Merchant Street, Bulwell, NG6 8GU

Semi-Detached PropertyThree BedroomsTwo Reception RoomsIdeal Investment Or First Time BuyClose To Regular Bus, Tram & Train Links & M1(J26)Potential Rental Income £6,600 PA

£65,000

G


Castlegate Estate & Lettings01159 338438

48

Pictor Grove, Buxton, SK17 7TQ

Semi Detached HouseThree BedroomsOff Road ParkingGardens To The Front, Side & RearGas Central Heating & Double Glazing

£90,000

C


Rowcliffes01298 70556

49

Barlow Lane, Liverpool, L4 3QR

Three storey corner propertyA4 drinking establishmentGEA 180sqmFreehold titleVery prominent positionMixed commercial and residential area

£130,000


Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

Priory Property0151 260 0300

28


| Pattinson Auction


Oyston Mill, West Strand, Preston, Lancashire, PR1 8UR

• Development opportunity• Site area approx. 6,675sqm (1.65 acres)• Planning permission granted• Conversion to student accommodation• 256 bedrooms• Town centre location


Planning Permission Granted!*Artist’s impression.

Lot50


Tel: 01772 555551

ESTATE AGENCY

Oystons - Preston

29


Pattinson Auction |


Planning Permission Granted!

Lot

Lot

Lot

51

Willmer Road, Anfield, L4 2TA

Terraced HouseTwo BedroomsYard To The RearSituated In MerseysideCurrently Tenanted at £6,000 PA

£35,000

D


Priory Property Services0151 260 0300

52

Lytham Road, Blackpool, FY1 6EX

Portfolio of three propertiesTenanted investmentRental income of £21,840PAModernised to high standardGas central heatingFreehold title

£230,000


53

Warley Road, Blackpool, FY1 2LL

Portfolio of flatsFive self-contained flatsFreehold titleExcellent town centre locationCurrently vacantPotential rental income of £22,100PA

£115,000

B


Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

Kenricks Commercial Estate Agents

Leftmove

01253 420420

01253 753735

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| Pattinson Auction


Lot

Lot

54

Almeys Lane, Earl Shilton, LE9 7AJ

Terraced PropertyTwo BedroomsTwo Reception RoomsGardens Front & Rear Popular & Convenient Location. Potential Rental Income £6,600 PA

£75,000


Castle Estates01455 617997

55

Manor Road, Blackburn, BB2 6LU

End Terraced HouseFive BedroomsThree Reception RoomsClose To Local Amenities Gas Central Heating & Double Glazing

£130,000

D



Starting Bid

Starting Bid

EPC -

EPC -

Lot56

Buxton Road, Whaley Bridge, SK23 7JF

Semi Detached BungalowTwo BedroomsGardens To Front & RearGreat LocationPaved Pathway To The Side Rear GardenPotential Rental Income £7,800 PA

£145,000

E



Starting Bid

EPC -

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Pattinson Auction |

Lot

Lot

Lot

57

Cadeleigh Close, Bransholme, HU7 4DA

Terraced PropertyTwo BedroomsForecourt To The FrontIdeal InvestmentThe Property Is Currently Tenanted Achieving £380 PCM

£30,000


Codys01482 786786

58

Hurst Lea Road, New Mills, SK22 3HP

End Terraced Two BedroomsOff Road ParkingRear GardenDouble Glazed & Gas Central Heating

£110,000

D


59

Queen Street, Tideswell, SK17 8JT

End Terraced Property Three BedroomsTwo Reception RoomsEnclosed Rear Yard Former Shoe Shop

£165,000


Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

Rowcliffes

Rowcliffes

01298 70556

01467 604244

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| Pattinson Auction


Lot

Lot

Lot

60

Beaufort Way, Worksop, S81 7NF

Detached PropertyFour BedroomsOff Road ParkingGardens To Front & RearClose To Local Amenities

£140,000

D


Pure Estates01909 808188

61

Diglee Road, Furness Vale, SK23 7PW

Detached PropertyThree BedroomsIn Need Of RenovationTwo Acres Of Mature WoodlandsDevelopment Opportunity Subject To Planning

£215,000

C



62

Station Road, Ilkeston, DE7 5LE

Terraced PropertyThree BedroomsLarge OutbuildingClose To Local AmenitiesInvestment OpportunityPotential Rental Income £5,700 PA

£50,000


Lighthouse01623 753123

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

33


Pattinson Auction |

Lot

Lot

Lot

63

Dean Street, Langley Mill, NG16 4EG

Terraced PropertyTwo BedroomsTwo Reception RoomsGarden To The RearIn Need Of Modernisation

£55,000

E


Freckleton Brown 01773 769751

64

Shelton Avenue, Newark, NG24 4NX

Mid TerraceFour BedroomsIn Need Of RenovationGardens to Front & RearIdeal Investment Or First Time Buy

£80,000


CPG Property01636 345045

65

Carlton Street, Mansfield, NG18 2BG

Terraced PropertyTwo BedroomsFront Walled CourtyardIdeal Investment Or First Time BuyGas Central Heating & Double GlazingPotential Rental Income £4,800 PA

£48,000

E


Saint Property Services0115 8800210

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

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| Pattinson Auction


Lot

Lot

Lot

66

Main Street, Newthorpe, NG16 2ET

Detached BungalowTwo BedroomsSingle GarageFront & Rear GardenNo Upward ChainPotential Income £8,340 PA

£140,000


Freckleton Brown 01773 769751

67

Gloster Street, Newport, NP19 7FH

Terraced HouseThree BedroomsRear YardDownstairs BathroomClose To Local Amenities And Transport RoutesPotential Rental Income of £5,940 PA

£70,000

F


68

Main Ridge West, Boston, PE21 6QQ

Terraced PropertyFour BedroomsFreeholdRear GardenIdeal For First Time Buyers Or Family Home

£99,000


Belvoir Boston01205 357070

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

35


Pattinson Auction |

Lot

Lot

Lot

69

Rosy Cross, Tamworth, B79 7JR

Terraced PropertyTwo BedroomsTwo Reception RoomsFreeholdInvestment OpportunityPotential Rental Income £8,340 PA

£90,000

E


Martin & Co Tamworth 01827 313800

70

Hays Lane, Hinckley, LE10 0LA

Detached BungalowTwo BedroomOff Road Parking & Detached GarageLawned GardensIn Need Of Modernisation Quiet Cul-de-sac Location

£110,000


Castle Estates01455 617997

71

Irby Street, Boston, PE21 8SA

Terraced PropertyTwo BedroomsKitchen With Breakfast BarRear Enclosed GardenClose To Local Town CentrePotential Rental Income £7,200 PA

£60,000


Belvoir Boston01205 357070

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

36


| Pattinson Auction


Lot

Lot

Lot

72

Rutland Street, Leicester, LE1 1SS

Flat One BedroomOpen Plan Lounge/KitchenElectric HeatingBased In Cultural Quarter Leasehold

£65,000

B


Martin & Co - Leicester01162044920

73

Louth Road, Holton-le-Clay, DN36 5AE

Detached HouseThree BedroomsOff-Road Parking & GarageGas Central HeatingVillage Location

£125,000

D


Lovelle01472 251918

74

Hardwick Avenue, Newark, NG24 4AW

Mid Terraced PropertyThree BedroomsIn Need Of RefurbishmentExcellent Investment OpportunityPrivate Rear GardenPotential; Rental Income £7,500 PA

£100,000


CPG Property01636 345045

Starting Bid

Starting Bid

Starting Bid

EPC -

EPC -

EPC -

SOLD!

37


Pattinson Auction |


SOLD! - FOR - £40,000!!!

• Semi Detached House• Three Bedrooms• Garage and Driveway

Alpha Street, Liverpool, L21 8HL

Auction Success

Story


38


| Pattinson Auction


• Former 33 Bedroom Licensed Hotel

• Substantial 4 Storey Property

• Development Opportunity

• Suitable for Conversion to Permanent Flats

Reads Avenue, Blackpool, Lancashire, FY1 4DE

Auction Success

Story

The subject property is a former 33 bedroom licensed hotel which has previously traded as the Regal Hotel. Partial refurbishment was carried out to convert the property into a Boutique style hotel but the property would lend itself more to conversion into permanent flats.


SOLD! - FOR - £136,000!!!

39


Pattinson Auction |

SOLD! - FOR -

£136,000!!!Lytham Road, Blackpool, Lancashire, FY1 6EX

• Portfolio of three properties

• Tenanted investment

• Rental income of £21,840PA

• Modernised to high standard

• Gas central heating

Leftmove - Blackpool 01253 753735

Feature Property


Lot52


40


| Pattinson Auction


9 properties sold by auction...

SOLD! - IN EXCESS OF -

£1,200,0000!!!

We are delighted to have sold all nine of these properties via auction. Similar properties required!

Auction success

story

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Pattinson Auction |

9 properties sold by auction...

SOLD! Queen Victoria Street, Blackburn, BB2 2QZ

• Two Bedrooms

• Close to Amenities

• Yard to Rear

• Close to Local School

• Mid Terraced Property

Crown Estates- Blackburn 01254 695555

Feature Property


Lot3





Please Select Method of Bidding:

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Date of auction: ......................................... Lot Number: ................

The property is offered in the:

Conditional Auction:Unconditional Auction:Address Of Lot:

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Maximum Bid: £ ................................................

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If successful and paying by credit or debit card the buyer must be contactable on the night of the auction with sufficient funds available in the account. Alternatively cleared funds may be banked with Keith Pattinson prior to the auction which would be refunded the day after the auction if unsuccessful.

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Proxy Form - Reservation Fee

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Proxy Form for CR & UR LotsBuyers Details:

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Date Of Birth: .........................................................................................

Address: ...................................................................................................

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Post Code: ...............................................................................................

Telephone Number: ............................................................................

Business Number: ............................................................................

Mobile Number: ............................................................................

Solicitors Name: ....................................................................................

Solicitors Address: ...............................................................................

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Post Code: ...............................................................................................

Phone Number ......................................................................................

Signed: ...............................................................................by the buyer on his/her behalf and on behalf of any principle mentioned above. Please only sign the above if you have read and fully understand this agreement, and have been left a copy of this agreement. In compliance with Anti Money Laundering Regulations an Equifax search will be carried out to verify your identity and proof of residency. This does not affect your credit file.

Date: .......................................................

Bidding via a Partner Agent?: .......................Yes: No:Name of Partner Agent: ....................................................................

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Proxy Form for Conditional & Unconditional Reservation Fee Lots



Please Select Method of Bidding:

Proxy: Telephone: I instruct Pattinson’s to bid on my behalf in accordance with the terms and conditions printed within the PattinsonAuction catalogue and I understand that should my bid be successful I will be bound by those terms. Under the conditional auction I will pay a £3,600 non refundable deposit and exchange contracts within 28 days (if the buyerdefaults in anyway and the sale fails to complete the buyer will forfeit the reservation fee) and under the unconditionalauction will pay a 10% subject to a minimum of £3,600 deposit and exchange contracts on the night of the auction.By signing this form I confirm I have read and understood the contents of the legal pack and agree to any special conditions within the pack.

Date of auction: ......................................... Lot Number: ................

The property is offered in the:

Conditional Auction:Unconditional Auction:Address Of Lot:

.....................................................................................................................

.....................................................................................................................

.....................................................................................................................

Post Code: ...............................................................................................

Maximum Bid: £ ................................................

Maximum Bid in Words:

.....................................................................................................................

.....................................................................................................................

If successful and paying by credit or debit card the buyer must be contactable on the night of the auction with sufficient funds available in the account. Alternatively cleared funds may be banked with Keith Pattinson prior to the auction which would be refunded the day after the auction if unsuccessful. I also authorize the payment of an administration fee of £650 plus VAT at the current rate payable to Keith Pattinson.

TO BE SHREDDED AFTER USE

Card Details:Cardholder Name: ...............................................................................

Card Issuer: Visa: Mastercard: Maestro: Switch: Visa Delta: Solo:

Card Number: ........................................................................................Start Date: ................................... Expiry Date: ...................................Issue Number*: ......................... Security Code: ..............................

Credit Card payments are subject to a surcharge of 3% of the total amount payable. American Express is not accepted. * Switch and Solo Only

Proxy Form

Fairway House, 2 Hills Street, Gateshead, NE8 2AS . 0191 2069335 . pattinsonauctions.co.uk . VAT Reg. No. 455054653

Proxy Form for & LotsBuyers Details:

Full Name: ...............................................................................................

Date Of Birth: .........................................................................................

Address: ...................................................................................................

.....................................................................................................................

.....................................................................................................................

Post Code: ...............................................................................................

Telephone Number: ............................................................................

Business Number: ............................................................................

Mobile Number: ............................................................................

Solicitors Name: ....................................................................................

Solicitors Address: ...............................................................................

.....................................................................................................................

.....................................................................................................................

.....................................................................................................................

Post Code: ...............................................................................................

Phone Number ......................................................................................

Signed: ...............................................................................by the buyer on his/her behalf and on behalf of any principle mentioned above. Please only sign the above if you have read and fully understand this agreement, and have been left a copy of this agreement. In compliance with Anti Money Laundering Regulations an Equifax search will be carried out to verify your identity and proof of residency. This does not affect your credit file.

Date: .......................................................

Bidding via a Partner Agent?: .......................Yes: No:Name of Partner Agent: ....................................................................

.....................................................................................................................

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Proxy Form for Conditional & Unconditional Lots



GLOSSARY This glossary applies to the auction conduct conditions and the sale conditions. Wherever it makes sense • Singular words can be read as plurals, and plurals as singular words • A ‘person’ includes a corporate body • Words of one gender include the other genders • references to legislation are to that legislation as it may have been modified or re-enacted by the date of the auction or the contract date (as applicable) • Where the following words appear in bold they have specific meanings: Actual completion date the date when completion takes place or is treated as taking place for the purposes of apportionment and calculating interest Addendum an amendment or addition to the conditions or to the particulars or to both whether contained in a supplement to the catalogue, a written notice from the auctioneers or an oral announcement at the auction Administration Fee means the sum of £780 including VAT. Agreed completion date subject to condition G9.3: (a) the date specified in the special conditions, or (b) if no date is specified, 20 business days after the contract date but if that date is not a business day the first subsequent business day Approved financial institution any bank or building society that has signed up to the Banking Code or Business Banking Code or is otherwise acceptable to the auctioneers. Arrears arrears of rent and other sums due under the tenancies but unpaid on the actual completion date Arrears schedule the arrears schedule (if any) forming part of the special conditions. Auction the auction advertised in the catalogue Auction conduct conditions the conditions so headed, including any extra auction conduct conditions. Auction Contract: the Contract entered into by the Seller in respect of the Lot Auctioneers the auctioneers at the auction Business day any day except (a) a Saturday or Sunday (b) a bank holiday in England and Wales or (c) Good Friday or Christmas Day. Buyer the person who agrees to buy the lot or, if applicable, that person’s personal representatives: if two or more are jointly the buyer their obligations can be enforced against them jointly or against each of them separately Catalogue the catalogue to which the conditions refer including any supplement to it Completion unless otherwise agreed between the seller and buyer (or their conveyancer’s) the occasion when both buyer and seller have complied with their obligations under the contract and the balance of the price is unconditionally received in the seller’s conveyancer’s client account. Condition one of the auction conduct conditions or sales conditions. Contract the contract by which the seller agrees to sell and the buyer agrees to buy the lot Contract date the date of the auction or, if the lot is not sold at the auction: (a) the date of the sale memorandum signed by both

the seller and buyer or (b) if contracts are exchanged, the date of exchange. If exchange is not effected in person or by an irrevocable agreement to exchange made by telephone, fax or electronic mail the date of exchange is the date on which both parts have been signed and posted or otherwise placed beyond normal retrieval. Documents documents of title (including, if title is registered, the entries on the register and the title plan) and other documents listed or referred to in the special conditions relating to the lot Financial charge a charge to secure a loan or other financial indebtness (not including a rent charge). General conditions that part of the sale conditions so headed, including any extra general conditions. Interest rate if not specified in the special conditions, 4% above the base rate from time to time of Barclays Bank plc. (The interest rate will also apply to judgment debts, if applicable) Lot each separate property described in the catalogue or (as the case may be) the property that the seller has agreed to sell and the buyer to buy (including chattels, if any). Old arrears Arrears due under any of the tenancies that are not ‘new tenancies ’as defined by the Landlord and Tenant (Covenants) Act 1995 Particulars the section of the catalogue that contains descriptions of each lot (as varied by any addendum). Practitioner an insolvency practitioner for the purposes of the Insolvency Act 1986 (or in relation to jurisdictions outside the United Kingdom, any similar official). Price the price that the buyer agrees to pay for the lot Ready to complete ready, willing and able to complete: if completion would enable the seller to discharge all financial charges secured on the lot that have to be discharged by completion, then those outstanding financial charges do not prevent the seller from being ready to complete Sale conditions the general conditions as varied by any special conditions or addendum. Sale memorandum the form so headed (whether or not set out in the catalogue) in which the terms of the contract for the sale of the lot are recorded Seller the person selling the lot. If two or more are jointly the seller their obligations can be enforced against them jointly or against each of them separately. Special conditions those of the sale conditions so headed that relate to the lot Tenancies tenancies, leases, licences to occupy and agreements for lease and any documents varying or supplemental to them Tenancy schedule the tenancy schedule (if any) forming part of the special conditions Transfer includes a conveyance or assignment (and “to transfer” includes “to convey” or “to assign”) TUPE the Transfer of Undertakings (Protection of Employment) Regulations 2006 VAT value Added Tax or other tax of a similar nature VAT option an option to tax We (and us and our) the auctioneers You (and your) someone who has a copy of the catalogue or who attends or bids at the auction, whether or not a buyer

General Conditions Of Sale


AUCTION CONDUCT CONDITIONS A1 Introduction A1.1 Words in bold type have special meanings, which are defined in the Glossary. A1.2 The catalogue is issued only on the basis that you accept these auction conditions. They govern our relationship with you and cannot be disapplied or varied by the sale conditions (even by a condition purporting to replace the whole of the Common Auction Conditions). They can only be varied if we agree. A2 Our role A2.1 As agents for each seller we have authority to: (a) Prepare the catalogue from information supplied by or on behalf of each seller (b) Offer each lot for sale; (c) Sell each lot; (d) Receive and hold deposits; (e) Sign each sale memorandum; and (f) Treat a contract as repudiated if the buyer fails to sign a sale memorandum or pay a deposit as required by these auction conduct conditions. A2.2 Our decision on the conduct of the auction is final. A2.3 We may cancel the auction, or alter the order in which lots are offered for sale. We may also combine or divide lots. A lot may be sold or withdrawn from sale prior to the auction. A2.4 You acknowledge that to the extent permitted by law we owe you no duty of care and you have no claim against us for any loss. A3 Bidding and reserve prices A3.1 All bids are to made in pounds sterling exclusive of any applicable VAT A3.2 We may refuse to accept a bid. We do not have to explain why. A3.3 If there is a dispute over bidding we are entitled to resolve it, and our decision is final. A3.4 Unless stated otherwise each lot is subject to a reserve price (which may be fixed just before the lot is offered for sale). If no bid equals or exceeds that reserve price the lot will be withdrawn from the auction. A3.5 Where there is a reserve price the seller may bid (or ask us or another agent to bid on the seller’s behalf) up to the reserve price but may not make a bid equal to or exceeding the reserve price. You accept that it is possible that all bids up to the reserve price are bids made by or on behalf of the seller. A3.6 Where a guide price (or range of prices) is given that guide is the minimum price at which, or range of prices within which the seller might be prepared to sell at the date of the guide price. But guide prices may change. The last published guide price will normally be at or above any reserve price, but not always – as the seller may fix the final reserve price just before bidding commences. A4 The particulars and other information A4.1 We have taken reasonable care to prepare particulars that correctly describe each lot. However the particulars are based on information supplied by or on behalf of the seller. You need to check that the information in the particulars are correct.

A4.2 If the special conditions do not contain a description of the lot or simply refer to the relevant lot number, you take the risk that the description contained in the particulars is incomplete or inaccurate, as the particulars have not been prepared by a conveyancer and are not intended to form part of a legal contract. A4.3 The particulars and sale conditions may change prior to the auction and it is your responsibility to check that you have the correct versions. A4.4 If we provide information or a copy of a document provided by others we do so only on the basis that we are not responsible for the accuracy of that information or document. A5 The contract A5.1 A successful bid is one we accept as such (normally on the fall of the hammer). This condition A5 applies to you if you make the successful bid for a lot. A5.2 You are obliged to buy the lot on the terms of the sale memorandum at the price you bid plus VAT (if applicable). A5.3 You must before leaving the auction: (a) provide all information we reasonably need from you to enable us to complete the sale memorandum (including proof of your identity if required by us); (b) sign the completed sale memorandum; and (c) pay the deposit A5.4 If you do not we may either: (a) as agent for the seller treat that failure as your repudiation of the contract and offer the lot for sale again: the seller may then have a claim against you for breach of contract; or (b) sign the sale memorandum on your behalf A5.5 The deposit: (a) is to be held as stakeholder where VAT would be chargeable on the deposit were it to be held as agent for the seller ; but otherwise to be held as stated in the sale conditions; and (b) must be paid in pounds sterling by cheque or by bankers’ draft made payable to us on an approved financial institution. The extra auction conduct conditions may state if we accept any other form of payment. A5.6 We may retain the sale memorandum signed by or on behalf of the seller until the deposit has been received in cleared funds. A5.7 If the buyer does not comply with its obligations under the contract then: (a) You are personally liable to buy the lot even if you are acting as an agent; and (b) You must indemnify the seller in respect of any loss the seller incurs as a result of the buyers default A5.8 Where the buyer is a company you warrant that the buyer is properly constituted and able to buy the lot A6 Extra Auction Conduct Conditions A6.1 Despite any special conditions to the contrary the minimum deposit we accept is £3,000 (or the total price, if less). A special condition may, however, require a higher minimum deposit. A6.2 The Important Buyers Information at the front of the catalogue forms part of the Extra Auction Conduct Conditions.



GENERAL CONDITIONS OF SALE Words in bold type have special meanings, which are defined in the Glossary The general conditions (including any extra general conditions) apply to the contract except to the extent that they are varied by special conditions or by an addendum. G1. The lot G1.1 The lot (including any rights to be granted or reserved and any exclusions from it) is described in the special conditions or if not so described the lot is that referred to in the sale memorandum. G1.2 The lot is sold subject to any tenancies, disclosed by the special conditions, but otherwise with vacant possession on completion G1.3 The lot is sold subject to all matters contained or referred to in the documents but excluding any financial charges: these the seller must discharge on or before completion. G1.4 The lot is sold subject to such of the following as may affect it, whether they arise before or after the contract date and whether or not they are disclosed by the seller or are apparent from inspection of the lot or from the documents : (a) matters registered or capable of registration as local land charges (b) matters registered or capable of registration by any competent authority or under the provisions of any statute; (c) notices, orders, demands, proposals and requirements of any competent authority; (d) charges, notices, orders, restrictions, agreements and other matters relating to town and country planning, highways or public health; (e) rights, easements, quasi-easements and wayleaves; (f) outgoings and other liabilities; (g) any interest which overrides, within the meaning of the Land Registration Act 2002; (h) matters that ought to be disclosed by the searches and enquiries a prudent buyer would make, whether or not the buyer has made them; (i) anything the seller does not and could not reasonably know about G1.5 Where anything subject to which the lot is sold would expose the seller to liability the buyer is to comply with it and indemnify the seller against that liability. G1.6 The seller must notify the buyer of any notices, orders, demands, proposals and requirements of any competent authority of which it learns after the contract date but the buyer is to comply with them and keep the seller indemnified G1.7 The lot does not include any tenants or trade fixtures or fittings. G1.8 Where chattels are included in the lot the buyer takes them as they are at completion and the seller is not liable if they are not fit for use. G1.9 The buyer buys with full knowledge of: (a) the documents whether or not the buyer has read them (b) the physical condition of the lot and what could reasonably be discovered on inspection of it, whether or not the buyer has inspected it. G1.10 The buyer is not to rely on the information contained in the particulars but may rely on the seller’s conveyancers written replies to preliminary enquiries to the extent stated in those replies.

G2.Deposit G2.1 The amount of the deposit is the greater of: (a) any minimum deposit stated in the auction conduct conditions (or the total price, if this is less than that minimum), and (b) 10% of the price (exclusive of VAT on the price) G2.2 The deposit: (a) must be paid in pounds sterling by cheque or banker’s draft drawn on an approved financial institution (or by any other means of payment that the auctioneers may accept); and (b) is to be held as stakeholder unless the auction conduct conditions provide that it is to be held as agent for the seller. G2.3 Where the auctioneers hold the deposit as stakeholder they are authorised to release it (and any interest on it if applicable) to the seller on completion or, if completion does not take place, to the person entitled to it under the sale conditions. G2.4 If a cheque for all or part of the deposit is not cleared on the first presentation the seller may treat the contract as at an end and bring a claim against the buyer for breach of contract. G2.5 Interest earned on the deposit belongs to the seller unless the sale conditions provide otherwise. G3. Between contract and completion G3.1 Unless the special conditions state otherwise, the seller is to insure the lot from and including the contract date to completion and: (a) produce to the buyer on request all relevant insurance details; (b) pay the premiums when due; (c) if the buyer so requests and pays any additional premium, use reasonable endeavors to increase the sum insured or make other changes to the policy (d) at the request of the buyer, use reasonable endeavors to have the buyer’s interest noted on the policy if it does not cover a contracting purchaser (e) unless otherwise agreed, cancel the insurance at completion, apply for a refund of premium and (subject to the rights of any tenant or other third party) pay that refund to the buyer; and (f) (subject to the rights of any tenant or other third party) hold on trust for the buyer any insurance payments that the seller receives in respect of loss or damage arising after the contract date or assign to the buyer the benefit of any claim; and the buyer must on completion re-imburse to the seller the cost of that insurance (to the extent not already paid by the buyer or a tenant or other third party) for the period from and including the contract date to completion. G3.2 No damage to or destruction of the lot nor any deterioration in its condition however caused, entitles the buyer to any reduction in price or to delay completion, or to refuse to complete. G3.3 Section 47 of the Law of Property Act 1925 does not apply. G3.5 Unless the buyer is already lawfully in occupation of the lot the buyer has no right to enter into occupation prior to completion. G4. Title and identity G4.1 Unless condition G4.2 applies, the buyer accepts the title of the seller to the lot as at the contract date and may raise no requisition or objection except in relation to any matter that occurs after the contract date. G4.2 If any of the documents is not made available before the auction the following provisions apply;



(a) the buyer may raise no requisition on or objections to any of the documents that is made available before the auction. (b) if the lot is registered land the seller is to give to the buyer within five business days of the contract date an official copy of the entries on the register and title plan and where noted on the register of all documents subject to which the lot is being sold. (c) if the lot is not registered land the seller is to give to the buyer within five business days an abstract or epitome of title starting from the root of title mentioned in the special conditions (or, if none is mentioned, a good root of title more than 15 years old) and must produce to the buyer the original or an examined copy of every relevant document. (d) if title is in the course of registration, title is to consist of certified copies of (i) the application for registration of title made to the Land Registry; (ii) the documents accompanying that application; (iii) evidence that all applicable stamp duty land tax relating to that application has been paid; and (iv) a letter under which the seller or it’s conveyancer agrees to use all reasonable endeavors to answer any requisitions raised by the land registry and to instruct the land registry to send the completed buyers registration documents to the buyer. (e) The buyer has no right to object to or make requisitions on any title information more than seven business days after that information has been given to the buyer. G4.3 Unless otherwise stated in the special conditions the seller sells with full title guarantee except that (and the transfer shall so provide): (a) the covenant set out in section 3 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to matters recorded in registers open to public inspection; these are to be treated as within the actual knowledge of the buyer; and (b) the covenant set out in section 4 of the Law of Property (Miscellaneous Provisions) Act 1994 shall not extend to any condition or tenants obligation relating to the state or condition of the lot where the lot is leasehold property. G4.4 The transfer is to have effect as if expressly subject to all matters to which the lot is sold under the contract. G4.5 The seller does not have to produce, nor may the buyer object to or make a requisition in relation to, any prior or superior title even if it is referred to in the documents. G4.6 The seller (and if relevant, the buyer) must produce to each other such confirmation of, or evidence of, their identity and that of their mortgagees and attorneys (if any) as is necessary for the other to be able to comply with applicable Land Registry Rules when making application for registration of the transaction to which the conditions apply. G5. Transfer G5.1 Unless a form of transfer is prescribed by the special conditions; (a) the buyer must supply a draft transfer to the seller at least ten business days before the agreed completion date and the engrossment (signed as a deed by the buyer if condition 5.2 applies) five business days before that date or (if later) two business days after the draft has been approved by the seller; and (b) the seller must approve or revise the draft transfer within five business days of receiving it from the buyer. G5.2 If the seller remains liable in any respect in relation to the lot (or a tenancy) following completion the buyer is specifically to covenant in the transfer to indemnify the seller against that

liability. G5.3 The seller cannot be required to transfer the lot to anyone other than the buyer, or by more than one transfer. G6. Completion G6.1 Completion is to take place at the offices of the seller’s conveyancer, or where the seller may reasonably require, on the agreed completion date. The seller can only be required to complete on a business day and between the hours of 0930 and 1700. G6.2 The amount payable on completion is the balance of the price adjusted to take account of apportionments plus (if applicable) VAT and interest. G6.3 Payment is to be made in pounds sterling and only by: (a) direct transfer to the seller’s conveyancer’s client account and (b) the release of any deposit held by a stakeholder. G6.4 Unless the seller and the buyer otherwise agree, completion cannot take place until both have complied with their obligations under the contract and the balance of the price is unconditionally received in the seller’s conveyancer’s client account. G6.5 If completion takes place after 1400 hours for a reason other than the seller’s default it is to be treated, for the purposes of apportionment and calculating interest, as if it had taken place on the next business day. G6.6 Where applicable the contract remains in force following completion. G7. Notice to complete G7.1 The seller or the buyer may on or after the agreed completion date but before completion give the other notice to complete within 10 business days (excluding the date on which the notice is given) making time of the essence. G7.2 The person giving the notice must be ready to complete. G7.3 If the buyer fails to comply with a notice to complete the seller may, without affecting any other remedy the seller has, (a) terminate the contract (b) claim the deposit and any interest on it if held by a stakeholder (c) forfeit the deposit and any interest on it (d) resell the lot and (e) claim damages from the buyer. G7.4 If the seller fails to comply with a notice to complete the buyer may, without affecting any other remedy the buyer has, (a) terminate the contract and (b) recover the deposit and any interest on it from the seller or, if applicable, a stakeholder.

G8. If the contract is brought to an end If the contract is lawfully brought to an end: (a) the buyer must return all papers to the seller and appoints the seller its agent to cancel any registration of the contract; and (b) the seller must return the deposit and any interest on it to the buyer (and the buyer may claim it from the stakeholder, if applicable) unless the seller is entitled to forfeit the deposit under condition G7.3.G9. Landlord’s licence G9.1 Where the lot is or includes leasehold land and licence to assign is required this condition G9 applies. G9.2 The contract is conditional on that licence being obtained, by way of formal licence if that is what the landlord lawfully



requires. G9.3 The agreed completion date is to be not earlier than the date five business days after the seller has given notice to the buyer that the licence has been obtained. G9.4 The seller must: (a) use all reasonable endeavours to obtain the licence at the seller’s expense; and (b) enter into any authorised guarantee agreement properly required. G9.5 The buyer must: (a) promptly provide references and other relevant information; and (b) comply with the landlord’s lawful requirements G9.6 If within three months of the contract date (or such longer period as the seller and buyer agree) the licence has not been obtained the seller or the buyer may (if not then in breach of any obligation under this condition G9) by notice to the other terminate the contract at any time before licence is obtained. That termination is without prejudice to the claims of either seller or buyer for breach of this condition G9. G10. Interest and apportionments G10.1 If the actual completion date is after the agreed completion date for any reason other than the seller ’s default the buyer must pay interest at the interest rate on the price (less any deposit paid) from the agreed completion date up to and including the actual completion date. G10.2 Subject to condition G11, the seller is not obliged to apportion or account for any sum at completion unless the seller has received that sum in cleared funds. The seller must pay to the buyer after completion any sum to which the buyer is entitled that the seller subsequently receives in cleared funds. G10.3 Income and outgoings are to be apportioned at actual completion date unless: (a) the buyer is liable to pay interest and (b) the seller has given notice to the buyer at any time up to completion requiring apportionment on the date from which interest becomes payable by the buyer. In which event income and outgoings are to be apportioned on the date from which interest becomes payable by the buyer. G10.4 Apportionments are to be calculated on the basis that: (a) the seller receives income and is liable for outgoings for the whole of the day on which apportionment is to be made (b) annual income and expenditure accrues at an equal daily rate assuming 365 days in a year and income and expenditure relating to some other period accrues at an equal daily rate during the period to which it relates (c) where the amount to be apportioned is not known at completion apportionment is to be made by reference to a reasonable estimate and further payment is to be made by seller or buyer as appropriate within five business days of the date when the amount is known. G11. Arrears Part 1 Current Rent G11.1 “Current Rent” means, in respect of each of the tenancies subject to which the lot is sold, the installment of rent and other sums payable by the tenant in advance on the most recent rent payment date on or within four months preceding completion. G11.2 If on completion there are any arrears of current rent the buyer must pay them, whether or not details of those arrears are given in the special conditions. G11.3 Parts 2 and 3 of this condition G11 do not apply to

arrears of current rent. Part 2 Buyer to pay for arrears G11.4 Part 2 of this condition G11 applies where the special conditions give details of arrears. G11.5 The buyer is on completion to pay, in addition to any other money then due, an amount equal to all arrears of which details are set out in the special conditions. G11.6 If those arrears are not old arrears the seller is to assign to the buyer all rights that the seller has to recover those arrears. Part 3 Buyer not to pay for arrears G11.7 Part 3 of this condition G11 applies where the special conditions: (a) so state; or (b) give no details of any arrears. G11.8 While any arrears due to the seller remain unpaid the buyer must: (a) try to collect them in the ordinary course of management but need not take legal proceedings or forfeit the tenancy. (b) pay them to the seller within five business days of receipt in cleared funds (plus interest at the interest rate calculated on a daily basis for each subsequent day’s delay in payment); (c) on request, at the cost of the seller, assign to the seller or as the seller may direct the right to demand and sue for old arrears, such assignment to be in such form as the seller’s conveyancer may reasonably require (d) if reasonably required, allow the seller’s conveyancer to have on loan the counterpart of any tenancy against an undertaking to hold it to the buyer’s order (e) not without the consent of the seller release any tenant or surety from liability to pay arrears or accept a surrender of or forfeit any tenancy under which arrears are due; and (f) if the buyer disposes of the lot prior to recovery of all arrears obtain from the buyer’s successor in title a covenant in favour of the seller in similar form to this condition G11. G11.9 Where the seller has the right to recover arrears it must not without the buyer’s written consent bring insolvency proceedings against a tenant or seek the removal of goods from the lot. G12. Management G12.1 This condition G12 applies where the lot is sold subject to tenancies. G12.2 The seller is to manage the lot in accordance with its standard management policies pending completion. G12.3 The seller must consult the buyer on all management issues that would affect the buyer after completion, (such as but not limited to an, application for licence; a rent review; a variation, surrender, agreement to surrender or proposed forfeiture of a tenancy; or a new tenancy or agreement to grant a new tenancy) and: (a) the seller must comply with the buyer’s reasonable requirements unless to do so would (but for the indemnity in paragraph (c)) expose the seller to a liability that the seller would not otherwise have, in which case the seller may act reasonably in such a way as to avoid that liability; (b) if the seller gives the buyer notice of the seller ‘s intended act and the buyer does not object within five business days giving reasons for the objection the seller may act as the seller intends; and (c) the buyer is to indemnify the seller against all loss or liability



the seller incurs through acting as the buyer requires, or by reason of delay caused by the buyer. G13. Rent deposits G13.1 This condition G13 applies where the seller is holding or otherwise entitled to money by way of rent deposit in respect of a tenancy. In this condition G13 ‘rent deposit deed ’means the deed or other document under which the rent deposit is held. G13.2 If the rent deposit is not assignable the seller must on completion hold the rent deposit on trust for the buyer and, subject to the terms of the rent deposit deed, comply at the cost of the buyer with the buyer ’s lawful instructions. G13.3 Otherwise the seller must on completion pay and assign its interest in the rent deposit to the buyer under an assignment in which the buyer covenants with the seller to: (a) observe and perform the seller’s covenants and conditions in the rent deposit deed and indemnify the seller in respect of any breach; (b) give notice of assignment to the tenant; and (c) give such direct covenant to the tenant as may be required by the rent deposit deed. G14. VAT G14.1 Where a sale condition requires money to be paid the payer must also pay any VAT that is chargeable on that money, but only if given a valid VAT invoice. G14.2 Where the special conditions state that no VAT option has been made the seller confirms that none has been made by it or by any company in the same VAT group nor will be prior to completion. G15. Transfer as a going concern G15.1 Where the special conditions so state: (a) the seller and the buyer intend, and will take all practical steps (short of an appeal) to procure, that the sale to be treated as a transfer of a going concern; and (b) this condition G15 applies. G15.2 The seller confirms that the seller (a) is registered for VAT, either in the seller’s name or as a member of the same VAT group; and (b) has (unless the sale is a standard-rated supply) made in relation to the lot a VAT option that remains valid and will not be revoked before completion. G15.3 The buyer confirms that: (a) it is registered for VAT, either in the buyer’s name or as a member of a VAT group (b) it has made, or will make before completion, a VAT option in relation to the lot and will not revoke it before or within three months after completion; (c) article 5(2B) of the Value Added Tax (Special Provisions) Order 1995 does not apply to it; and (d) it is not buying the lot as a nominee for another person. G15.4 The buyer must give to the seller as early as possible before the agreed completion date evidence: (a) of the buyer’s VAT registration (b) that the buyer has made a VAT option (c) that a VAT option has been notified in writing to HM Revenue and Customs And if it does not produce the relevant evidence at least two business days before the agreed completion date, condition G14.1 applies at completion. G15.5 The buyer confirms that after completion the buyer intends to: (a) retain and manage the lot for the buyer’s own benefit as a

continuing business as a going concern subject to and with the benefit of the tenancies, and (b) collect the rents payable under the tenancies, and charge VAT on them G15.6 If, after completion, it is found that the sale of the lot is not a transfer of a going concern then: (a) the seller’s conveyancer is to notify the buyer’s conveyancer of that finding and provide a VAT invoice in respect of the sale of the lot; (b) the buyer must within five business days of receipt of the VAT invoice pay to the seller the VAT due; and (c) if VAT is payable because the buyer has not complied with this condition G15, the buyer must pay and indemnify the seller against all costs, interest, penalties or surcharges that the seller incurs as a result. G16. Capital allowances G16.1 This condition G16 applies where the special conditions state that there are capital allowances available in respect of the lot. G16.2 The seller is promptly to supply to the buyer all information reasonably required by the buyer in connection with the buyer’s claim for capital allowances. G16.3 The value to be attributed to those items on which capital allowances may be claimed is set out in the special conditions. G16.4 The seller and buyer agree: (a) to make an election on completion under Section 198 of the Capital Allowances Act 2001 to give effect to this condition G16, and (b) to submit the value specified in the special conditions to HM Revenue and Customs for the purposes of their respective capital allowance computations. G17. Maintenance agreements G17.1 The seller agrees to use reasonable endeavours to transfer to the buyer, at the buyer’s cost, the benefit of the maintenance agreements specified in the special conditions. G17.2 The buyer must assume, and indemnify the seller in respect of, all liability under such contracts from the actual completion date. G18. Landlord and Tenant Act 1987 G18.1 This condition G18 applies where the sale is a relevant disposal for the purposes of part I of the Landlord and Tenant Act 1987. G18.2 The seller warrants that the seller has complied with sections 5B and 7 of that Act and that the requisite majority of qualifying tenants has not accepted the offer. G19. Sale by practitioner G19.1 This condition G19 applies where the sale is by a practitioner either as a seller or as agent of the seller. G19.2 The practitioner has been duly appointed and is empowered to sell the lot. G19.3 Neither the practitioner nor the firm or any member of the firm to which the practitioner belongs has any personal liability in connection with the sale or the performance of the seller’s obligations. The transfer is to include a declaration excluding that personal liability. G19.4 The lot is sold: (a) in its condition at completion (b) for such title as the seller may have and (c) with no title guarantee;



and the buyer has no right to rescind the contract or any other remedy if information provided about the lot is inaccurate, incomplete or missing. G19.5 Where relevant: (a) the documents must include certified copies of those under which the practitioner is appointed, the document of appointment and the practitioner’s acceptance of appointment; and (b) the seller may require the transfer to be by the lender exercising its power of sale under the Law of Property Act 1925. G19.6 The buyer understands this condition G19 and agrees that it is fair in the circumstances of a sale by a practitioner. G20. TUPE G20.1 Unless the special conditions state “There are no employees to which TUPE applies”, this is a warranty by the seller to this effect. G20.2 If the special conditions do not state “There are no employees to which TUPE applies” the following paragraphs apply: (a) the seller must notify the buyer of those employees whose contracts of employment will transfer to the buyer on completion (the “Transferring Employees”). This notification must be given to the buyer not less than 14 days before completion (b) The buyer confirms that it will comply with its obligations under TUPE and any special conditions in respect of the Transferring Employees. (c) The buyer and the seller acknowledge that pursuant and subject to TUPE, the contracts of employment between the Transferring Employees and the seller will transfer to the buyer on completion (d) the buyer is to keep the seller indemnified against all liability for the Transferring Employees after completion. G21. Environmental G21.1 This condition G21 only applies where the special conditions so provide. G21.2 The seller has made available such reports as the seller has as to the environmental condition of the lot and has given the buyer the opportunity to carry out investigations (whether or not the buyer has read those reports or carried out any investigation) and the buyer admits that the price takes into account the environmental condition of the lot. G21.3 The buyer agrees to indemnify the seller in respect of all liability for or resulting from the environmental condition of the lot. G22. Service charge G22.1 This condition G22 applies where the lot is sold subject to tenancies that include service charge provisions. G22.2 No apportionment is to be made at completion in respect of service charges. G22.3 Within two months after completion the seller must provide to the buyer a detailed service charge account for the service charge year current on completion showing: (a) service charge expenditure attributable to each tenancy; (b) payments on account of service charge received from each tenant; (c) any amounts due from a tenant that have not been received; (d) any service charge expenditure that is not attributable to any tenancy and is for that reason irrecoverable. G22.4 In respect of each tenancy, if the service charge account shows that:

(a) payments on account (whether received or still then due from a tenant) exceed attributable service charge expenditure, the seller must pay to the buyer an amount equal to the excess when it provides the service charge account; (b) attributable service charge expenditure exceeds payments on account (whether those payments have been received or are still then due), the buyer must use all reasonable endeavours to recover the shortfall from the tenant at the next service charge reconciliation date and pay the amount so recovered to the seller within five business days of receipt in cleared funds; but in respect of payments on account that are still due from a tenant condition G11 (arrears) applies. G22.5 In respect of service charge expenditure that is not attributable to any tenancy the seller must pay the expenditure incurred in respect of the period before actual completion date and the buyer must pay the expenditure incurred in respect of the period after actual completion date. Any necessary monetary adjustment is to be made within five business days of the seller providing the service charge account to the buyer. G22.6 If the seller holds any reserve or sinking fund on account of future service charge expenditure or a depreciation fund: (a) the seller must pay it (including any interest earned on it) to the buyer on completion; and (b) the buyer must covenant with the seller to hold it in accordance with the terms of the tenancies and to indemnify the seller if it does not do so. G23. Rent reviews G23.1 This condition G23 applies where the lot is sold subject to a tenancy under which a rent review due on or before the actual completion date has not been agreed or determined. G23.2 The seller may continue negotiations or rent review proceedings up to the actual completion date but may not agree the level of the revised rent or commence rent review proceedings without the written consent of the buyer, such consent not to be unreasonably withheld or delayed. G23.3 Following completion the buyer must complete rent review negotiations or proceedings as soon as reasonably practicable but may not agree the level of the revised rent without the written consent of the seller, such consent not to be unreasonably withheld or delayed. G23.4 The seller must promptly: (a) give to the buyer full details of all rent review negotiations and proceedings, including copies of all correspondence and other papers; and (b) use all reasonable endeavours to substitute the buyer for the seller in any rent review proceedings. G23.5 The seller and the buyer are to keep each other informed of the progress of the rent review and have regard to any proposals the other makes in relation to it. G23.6 When the rent review has been agreed or determined the buyer must account to the seller for any increased rent and interest recovered from the tenant which relates to the seller’s period of ownership within five business days of receipt of cleared funds. G23.7 If a rent review is agreed or determined before completion but the increased rent and any interest recoverable from the tenant has not been received by completion the increased rent and any interest recoverable is to be treated as arrears. G23.8 The seller and the buyer are to bear their own costs in relation to rent review negotiations and proceedings.



G24. Tenancy renewals G24.1 This condition G24 applies where the tenant under a tenancy has the right to remain in occupation under part II of the Landlord and Tenant Act 1954 (as amended) and references to notices and proceedings are to notices and proceedings under that Act. G24.2 Where practicable, without exposing the seller to liability or penalty, the seller must not without the written consent of the buyer (which the buyer must not unreasonably withhold or delay) serve or respond to any notice or begin or continue any proceedings. G24.3 If the seller receives a notice the seller must send a copy to the buyer within five business days and act as the buyer reasonably directs in relation to it. G24.4 Following completion the buyer must: (a) with the co-operation of the seller take immediate steps to substitute itself as a party to any proceedings (b) use all reasonable endeavours to conclude any proceedings or negotiations for the renewal of the tenancy and the determination of any interim rent as soon as reasonably practicable at the best rent or rents reasonably obtainable; and (c) if any increased rent is recovered from the tenant (whether as interim rent or under the renewed tenancy) account to the seller for the part of that increase that relates to the seller’s period of ownership of the lot within five Business days of receipt of cleared funds. G24.5 The seller and the buyer are to bear their own costs in relation to the renewal of the tenancy and any proceedings relating to this. G25. Warranties G25.1 Available warranties are listed in the special conditions. G25.2 Where a warranty is assignable the seller must: (a) on completion assign it to the buyer and give notice of assignment to the person who gave the warranty (b) apply for (and the seller and the buyer must use all reasonable endeavors to obtain) any consent to assign that is required. If consent has not been obtained by completion the warranty must be assigned within five Business days after the consent has been obtained. G25.3 If a warranty is not assignable the seller must after completion: (a) hold the warranty on trust for the buyer; and (b) at the buyer’s cost comply with such of the lawful instructions of the buyer in relation to the warranty as do not place the seller in breach of its terms or expose the seller to any liability or penalty. G26. No assignment The buyer must not assign, mortgage or otherwise transfer or part with the whole or any part of the buyer’s interest under this contract. G27. Registration at the Land Registry G27.1 This condition G27.1 applies where the lot is leasehold and its sale either triggers first registration or is a registrable disposition. The buyer must as its own expense and as soon as practical: (a) procure that it becomes registered at Land Registry as proprietor of the lot; (b) procure that all rights granted and reserved by the lease under which the lot is held are properly noted against the effected titles; and (c) provide the seller with an official copy of the register relating

to such lease showing itself registered as proprietor. G27.2 This condition G27.2 applies where the lot comprises part of a registered title. The buyer must at its own expense and as soon as practical; (a) apply for registration of the transfer; (b) provide the seller with an official copy and title plan for the buyers new title; and (c) join in any representations the seller may properly make to Land Registry relating to the application G28 Notices and other communications G28.1 All communications, including notices, must be in writing. Communication to or by the seller or the buyer may be given to or by their conveyancers. G27.2 A communication may be relied on if: (a) delivered by hand (b) make electronically and personally acknowledged (automatic acknowledgement does not count); or (c) there is proof that it was sent to the address of the person to whom it is to be given (as specified in the sale memorandum) by a postal service that offers normally to deliver mail the next following business day. G28.3 A communication is to be treated as received: (a) when delivered, if delivered by hand; or (b) when personally acknowledged, if made electronically; but if delivered or made after 1700 hours on a business day a communication is to be treated as received on the next business day. G28.4 A communication sent by a postal service that offers normally to deliver mail the next following business day will be treated as received on the second business day after it has been posted. G29. Contracts (Rights of Third Parties) Act 1999 No one is intended to have any benefit under the contract pursuant to the Contract (Rights of Third Parties) Act 1999. G30 Extra General Conditions

G30.1 The Buyer acknowledges and accepts that an Administration Fee which is payable to us is non-refundable under any circumstance

G30.2 Where a deposit is paid to us then we are immediately entitled to satisfy our account.

G30.3. In the event of any conflict between these Conditions of Sale and the Auction Contract then the Auction Contract will prevail

These Auction Conditions of Sale are reproduced in full, with the consent of RICS, subject to the following amendments:

1. The insertion of Administration Fee in the Glossary2. The insertion of Auction Contract in the Glossary3. The insertion of clauses G30.1, G30.2 and G30.3

Pattinson Auctions . Fairway House . 2 Hills Street . Gateshead . NE8 2AS

0191 206 9335 . [email protected] . pattinsonauctions.co.uk

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Date post:	04-Jul-2020
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